Korea Herald
Korea dodges IMF downgrade at 1.9%
By The Korea Herald

The International Monetary Fund on Tuesday left its 2026 growth forecast for South Korea unchanged at 1.9 percent, with the government saying a supplementary budget and other policy support helped cushion the economy against mounting external shocks. In its April world economic outlook, the IMF maintained the same projection it gave in January, bucking a broader run of downward revisions by other institutions. The OECD in March cut its Korea forecast to 1.7 percent from 2.1 percent in December,